The new administrator says he will focus on routine operations as he assumes full board authority
Bangladesh Bank dissolved Islami Bank's board and appointed executive director Mohammad Jahir Hossain as chairman to restore depositor confidence in the country's largest private commercial bank. The regulatory intervention signals acute governance crisis in the banking sector, highlighting systemic risks requiring immediate institutional stabilization.
June 15, 2026
Staff Correspondent
bdnews24.com
Mohammad Jahir Hossain, the Bangladesh Bank executive director tasked with overseeing Islami Bank, has said restoring customer confidence is his top priority.
During his maiden visit to Islami Bank headquarters on Monday after his appointment, Jahir clarified that his focus would remain confined to routine operational duties.
Islami Bank’s new head urges depositors to keep faith in the bank
BB dissolves Islami Bank board, appoints administrator
Appointment row leaves Islami Bank dry in just two weeks
BB appoints new observer to Islami Bank amid unrest
Bangladesh Bank appoints observer to Islami Bank amid unrest
ABB welcomes dissolution of Islami Bank board
Bangladesh bets $3.2bn to avert a banking crisis but reforms elusive
Islami Bank to reactivate closed deposit accounts to boost cash flow
Islami Bank gets Tk 2,500 crore special liquidity support from BB
Asset recovery key to bank recapitalisation success: BAB
He added that a five-member board was being constituted through a thorough vetting process to ensure it comprised qualified and…
The move comes as Islami Bank faces a severe liquidity crisis, with its current account with the central bank falling into a…
Bankers want a stable banking system and so does the central bank governor, he says
Bangladesh Bank Executive Director Md Ashraful Alam is tasked with the role
In just fourteen days, Islami Bank Bangladesh PLC has moved from a stable liquidity position into a severe cash crunch, following…
The welfare of all classes of people will be featured in this budget, he says
